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1. www.gov.uk › sovereign-grant-act-2011-guidanceSovereign Grant Act 2011: guidance - GOV.UK

   www.gov.uk › sovereign-grant-act-2011-guidance

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   Aug 8, 2023 · The Crown Estate does not pay the Sovereign Grant to the Monarch directly. The Crown Estate makes payments each year to the Consolidated Fund and HM Treasury pays the Sovereign Grant to the Monarch.

2. en.wikipedia.org › wiki › Sovereign_Grant_Act_2011Sovereign Grant Act 2011 - Wikipedia

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   The Sovereign Grant only accounts for one part of the total cost of running the monarchy. The Sovereign Grant does not cover the costs of police and military security and of armed services ceremonial duties [8] nor does it cover the costs of royal ceremonies or local government costs for royal visits. These are generally paid by government from ...

3. www.bbc.co.uk › news › explainers-57559653Royal finances: Where does the King get his money? - BBC News

   www.bbc.co.uk › news › explainers-57559653

   Jul 27, 2023 · The Sovereign Grant had been worth 15% of the Crown Estate profits generated two years previously. In 2017 it was agreed that this would increase to 25% for 10 years to help pay for the Buckingham ...

4. www.bbc.com › news › explainers-57559653Royal finances: Where does the King get his money? - BBC

   www.bbc.com › news › explainers-57559653

   Jul 27, 2023 · Some argue that the true cost of the Royal Family is much greater than the size of the Sovereign Grant. It does not cover their security arrangements, which are usually paid for by the ...

5. www.royal.uk › sovereign_grant_report_2021-22The Sovereign Grant and Sovereign Grant Reserve

   www.royal.uk › sovereign_grant_report_2021-22

   million in 2021-22, was drawn down from the Sovereign Grant Reserve (2020-21: deficit £1.6 million). The transfer to the Sovereign Grant Reserve from the non-current assets reserve to cover capital expenditure net of depreciation amounted to £1.6 million (2020-21: £0.4 million from the Sovereign Grant Reserve) .

6. commonslibrary.parliament.uk › research-briefingsFinances of the Monarchy - House of Commons Library

   commonslibrary.parliament.uk › research-briefings

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   Sep 5, 2024 · As a result of a significant rise in Crown Estate profits, the Sovereign Grant will increase to £132.1 million in 2025/26, a rise of £45.8 million or 53% in cash terms on the previous year. In addition to the Sovereign Grant, the King receives income (via the Privy Purse) from the Duchy of Lancaster (a landed estate), while the Prince of Wales receives net profits from the Duchy of Cornwall.

7. People also ask

   What does the Sovereign Grant cover?

   • The Sovereign Grant covers the cost of The King’s travel on official engagements and travel by members of the Royal Family representing Him.

   Sovereign Grant Act 2011: guidance - GOV.UK

   www.gov.uk/government/publications/sovereign-grant-act-2011-guidance/sovereign-grant-act-2011-guidance

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   What is the size of a Sovereign Grant?

   • Normally the size of Sovereign Grant for a given year is equal to a prescribed proportion (initially 15% and since 2017/18 25%) of The Crown Estate’s profit for the financial year two years prior to the year in question.

   Sovereign Grant Act 2011: guidance - GOV.UK

   www.gov.uk/government/publications/sovereign-grant-act-2011-guidance/sovereign-grant-act-2011-guidance

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   How does the Sovereign Grant work?

   • How is the Sovereign Grant worked out? The Royal Family was previously funded through a fixed annual payment known as the Civil List. This was replaced by the Sovereign Grant in 2012. Profits of the Crown Estate - a property business owned by the monarch but run independently - go to the Treasury.

   Royal finances: Where does the King get his money?

   www.bbc.co.uk/news/explainers-57559653

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   What is the guidance on the Sovereign Grant?

   • Guidance on the Sovereign Grant, which supports the official duties of The King. Some information in this guidance may be out of date following the recent announcement of the death of Her Majesty Queen Elizabeth II.

   Sovereign Grant Act 2011: guidance - GOV.UK

   www.gov.uk/government/publications/sovereign-grant-act-2011-guidance

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   How much money was allocated to the Sovereign Grant Programme?

   • In the first five years of the programme, Sovereign Grant income allocated to the programme amounted to £165.2 million to meet net expenditure of £136.1 million plus net capital expenditure of £14.0 million, with £15.1 million transferred to the Sovereign Grant Reserve to meet future expenditure (Note 16).

   The Sovereign Grant and Sovereign Grant Reserve - The Royal Family

   www.royal.uk/sites/default/files/media/sovereign_grant_report_2021-22.pdf

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   What is the Sovereign Grant Act?

   • The Sovereign Grant Act was the biggest reform to the finances of the British royal family since the inception of the Civil List in 1760. In addition to the Sovereign Grant, the monarch continues to receive the revenue of the Duchy of Lancaster, while the Prince of Wales receives the revenues of the Duchy of Cornwall.

   Sovereign Grant Act 2011 - Wikipedia

   en.wikipedia.org/wiki/Sovereign_Grant_Act_2011

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8. www.gov.uk › sovereign-grant-act-2011-guidanceSovereign Grant Act 2011: guidance - GOV.UK

   www.gov.uk › sovereign-grant-act-2011-guidance

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   Jan 15, 2014 · Updated for 2016-17 and to reflect the increase in the Sovereign Grant percentage. 3 April 2017. Updated to include the Sovereign grant changes which are coming to effect on 1 April 2017. 28 June 2016